Lesotho

Lesotho is a small, mountainous, and landlocked country, surrounded by its much larger neighbor, South Africa. It has a population of almost 2.3 million.

Our Work

  • We represented Retailability, a leading South Africa-based fashion retailer.  Our South Africa-based private equity team advised Retailability and its subsidiaries on the disposal to Pepkor Trading and its subsidiaries of 462 retail stores in South Africa, Botswana, Namibia, Lesotho and eSwatini. We assisted Retailability with negotiating the sale agreement, advising on the labour law implications and regulatory compliance in the various jurisdictions, and the fulfilling of the conditions precedent, including obtaining approvals from the competition authorities across all relevant jurisdictions. The final purchase price adjustments are complex and have necessitated the implementation of an escrow arrangement, with our team acting as escrow agent. 

Africa Corporate Guide

This guide covers common questions relating to the process of incorporating and setting up in various African jurisdictions.

Many of our clients are looking to expand their African footprint.

Therefore it is incumbent on us to understand the nuances, intricacies and ultimately the legal requirements of setting up in each of the countries in Africa. The purpose of this guide is to simplify the position in relation to incorporation and setting up in various African jurisdictions and to provide our clients with an overview of their obligations in relation to this.

Click here to read the Guide. 

From vision to fruition.